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Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with regular monthly cash distributions, in an amount to be determined by the board of directors; and to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit, by paying such holders, on or about the termination date, such amounts as remain in the Company on the termination date after paying the preferred share repayment amount to the holders of the preferred shares. It invests in a portfolio consisting of 15 financial services companies made up of Canadian and United States issuers. Its investment manager is Quadravest Capital Management Inc.


TSX:FTN - Post by User

Comment by Stoiklaughon Jan 14, 2025 3:35pm
34 Views
Post# 36403782

RE:Mid Day NAV 2:45PM Jan 14 - $20.28

RE:Mid Day NAV 2:45PM Jan 14 - $20.28Thanks for the updated NAV !
Nice to see the SP go up today!

and Still a good  discount yield and safety
much like LBS and FFN...(that I know about...)

Thanks again Golferman and GLTA
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